HomeMy WebLinkAbout0150 fl YORTOAOC CEEO
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~ I:.CPCUI~ I~P ~~ay oj June, A. D. i9 76,6y
COY C. WARD and TANYA L. WARD, his wife,
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I1P/P111Q~1er c-a~~~~~ f1iP mo?tc~apo~. Io CARL R. ASHTON and MARY JO ASHTON ~ t11S wife,
. Route 5, Box 750-A, Fort Pierce, Florida 33450,
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~ernina(IPr rall~d fhe morfgn~ve:
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i~ ~1~'her~~rr uwl hereia Me term+ '.mwtKa~cK.• and ..m.,r~Rasee" iuctude all ihe partiay to t?s imtrr~~t a~d t?e ?tin,
ktal rep~e~tnu~~.e. and avirm o( iwdi•idwh. asd tbe succe.yrs a~ anisu d cotporalioas: aad t4t lero :•wtt••
inrluik+ all ~Ae n~.tes herein dncri6rd i( ma~e thap oee.)
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~~t~se~~ fl~at (or {~ootl and val~~o6te c~nnside~atio~~s, and also tn corutderalion oJ t{ee aggre-
gafe sum /ttrmc~cf`fi1-f~~ ~promissory note o~ eoen date ~ereu~if~~, ~ereinaJter described, t{~e morfgagor tiere-
by ltranfs. tiar~~~ins, s~•I~s, aliens, remis~s, coni~eys anc~ con)irms unlo the mortgagee a~1 t~e cerloin ~and
~___o~ u~hicl~ Ihe morf4~~llor is now seized ond in possession situafe in St. Luei.e Cot ty,
, ~'~ori~n. i~iz: 119TMI~RR3 ~
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PARCEL I; The East Half (E 1/2) of the Northeast Quarter
~ (NE 1/4) of the Southwest Quarter (SW 1/4) of
the Northeast Quarter (NE 1/4) of Section 8,
i; ~ownship 35 South, Range 39 East, St. Lucie
t~ounty, r~iorida, coiiSi~Ling of five (5) acres,
more or less.
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~ PARCEL II: The East Half (E 1/2) of the Southeast Quarter
• (SE 1/4) of the Northwest Quarter (NW 1/4) of
the Northeast Quarter (NE 1/4) of Section 8,
, Township 35 South, Range 39 East, St. Lucie
County, Florida, consisting o~ five (5) acres,~
" - more or less.
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~ ; PARTIAL RELEASE CLAUSE: Mortgagees agree to partial release from
~ t e orce an e ect oE this mortgage the North five (5) acres, to-
~ wit:
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~ ~ The East Half (E 1/2) of the Southeast Quarter
(SE 1/4) of ~ Northwest Quarter (NW 1/4) of
o the Northeast Quarter (NE 1/4) of Section 8,
i Township 35 South, Range 39 East, St. Lucie
County, Florida, .
~j upon payment by mortgagors of $10,250.00 principal. Mortgagees
acknowledge payment to date of Five Thousand Dollars ($5,000.00) and
o!' a blance due and owing, represented by the promissory note secured b
. h
~ j~ this mortgage.
~ It is agreed by and between the parties that there is a
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' first underlying mortgage covering the South Pive (5) acres herein
conveyed and herein mortgaged, together with other lands, executed b
mortgagees to GUSTAF J. HAUTALA and FRANCES O. HAUTALA, his wife, re
~ i; corded in O.R. Book 219, page 2683 of the public records of St. Luci
{ County, Florida, which mortgage is not assumed and shall remain the
~ y~ sole responsibility of mortgagees, and mortgagees agree to make all
~ payments on this underlying mortgage and hold mortgagors harmless
' therefrom.
' Failure of mortgagees to make payment shall entitle mort .
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